How it works

How it works

How it works

How it works

U.S. Embassy Prague is selling surplus movable property (SMP) via a Web Based Electronic Auction. Each auction will be activated for a period of time, clearly stating the start and end date. This information is available on the information panel of the web application. During this period you can actively take part and submit your bid for the surplus property. By participating in the auction, you acknowledge that you have agreed to purchase items “as is” on a nonreturnable basis, without any guarantee or warranty.

The maximum number of bids per lot is stated on each item. Increasing your bids is possible only in the local currency. During the auction you should monitor your bids so you can react on all bid price development. An email will be sent to lot winners that consists of a link to the auction application where you can review your items after successful login. In accordance with our "all or nothing" policy winners must pay for, and take possession of, all items they have successfully bid on.

The U.S. Government retains the right to withdraw items from the auction (during any time).

The auctioneer is authorized to put an item up for auction again, if necessary, to resolve disputes.

Winners who refuse to pay for items will not be allowed to participate in any future auctions.

Bidders are responsible for any charges, such as taxes or duties, which may be assessed by the Government of the Czech Republic.



How to pay for your items

Payment

Payment for your items must be made by electronic funds transfer to the Embassy bank account “17044093/0300” within three business days of the auction closing.  Please follow these instructions when making your payment:

In the field "Message for recipient" fill in the word "Auction" and include the lot numbers you're paying for.  In the field “Variable symbol” fill in your Unique Identification Number (UID) which can be found at the "Winners info" section of the auction website. In the item "Amount" fill in the total amount in the local currency of all your bids.

In the event you have bid on and won more than one item you can pay the total amount due for all items in one payment by ensuring all lot numbers are identified in the aforementioned “Message for recipient” field. Items can be retrieved only when successful payment has been received. Receipt of payment is considered complete when money reaches the U.S. Embassy bank account.

Note: It could take more than one day to transfer money from your bank to the U.S. Embassy bank. It will not be possible to pick up your items until your payment has been confirmed as received in the U.S. Embassy bank account.

How to pick-up your items

Pickup

In order to retrieve your items, you must present the original receipt of bank money transfer with all required details included in the payment paragraph above or a printed version of the Internet banking money transfer.

Any paid for items that are not picked up during the scheduled time frame will be disposed of, After disposal, it is not possible to retrieve the items. In special cases or circumstances, you may arrange a different pick-up date and time by contacting the auction manager.

After successful confirmation of payment for your items, our staff will move your items to the front of the storage building. From that time on, you are the owner of your merchandise. You will have the full responsibility for subsequent handling procedures and removal from Embassy property in a timely manner. If items are not removed in a timely manner they may be considered abandoned and disposed of.